Financing Today 
A Positive Start to 2012, But Caution Remains
The U.S. economy expanded less than forecast in the fourth quarter as consumers curbed spending and government agencies cut back. Real GDP climbed 2.8 percent on an annual rate, up from 1.8 percent in the third quarter. ...
Class-B Assets and Secondary Markets Earn Their Day in the Sun
There is fierce competition among institutional investors for minority ownership in trophy properties in primary markets such as New York, London and Washington, D.C. ...
Investors Flock to High-Yield Funds in a Footrace to Resolve Distressed Assets
Over the past nine months, the newswires have been ablaze with announcements of heavy real estate fundraising from private opportunistic debt and equity investment funds. ...
Unsecured Financing Mounts a Comeback as Loan Costs Stabilize 
After the onset of a global financial crisis that crippled the mortgage-backed lending business, the Federal Deposit Insurance Corp. (FDIC) made a big splash by successfully selling what many called “toxic debt” into the open market. ...
Extend and Pretend is Quietly Ending As Foreclosure Activity Picks Up
Many investors have criticized the reluctance of lenders to foreclose on defaulted loans, calling it one of the major reasons the real estate decline has proven to be as prolonged and unpredictable as it has....
Excess Capital Spurs Buyers Into Purchases for Fear of Missing Deals
While commercial real estate fundamentals are clearly in the early stages of a long healing process, the large amount of debt and equity that’s already being deployed in the industry following the Great Recession is raising eyebrows....
Commentary: CMBS Excitement Bubbling Up
To be sure, two distinct camps exist when it comes to predicting the course of the commercial real estate market. On one side, buyers who have not yet...
Macroeconomic Distractions
Unfortunately, what should have been significant and encouraging news on the commercial real estate recovery front last month was hardly noticed on the...
New Liquidity Spurs Asset Sales
Banks begin to sell assets in earnest with an eye on CMBS comeback....
New Liquidity Spurs Asset Sales
Between Wells Fargo and special servicer LNR Property Corp., the two entities are unloading some $1 billion of distressed U.S. commercial real estate...
